Cash-flow areas that also have the potential for capital growth?

[Michael Stubbs]

I am an out-of-state investor looking for the best of both worlds: high cash-flow properties that also have the potential for capital growth.

Does anyone know of new universities under construction, or other infrastructure projects that are likely to boost values in a high-cash-flow area?

Or have another thesis as to why some particular high-cash-flow area is about to experience capital growth?

My budget is 300k, but no deal is too small.